Economy & Downtown

Chapel Hill's downtown has long benefited from its proximity to a captive audience of University students without cars. While downtowns around the country have been failing, ours has survived fairly well. However, we have seen an increase in the number of chain stores locating downtown, and instability in the Downtown Economic Development Corporation. In the near future, we will see new Town-directed development on two major parking lots have a big impact.
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Carrboro's downtown has also done better than many towns of comparable size, thanks largely to the presence of Weaver Street Market and progressive shoppers from the rest of the county. The Board of Aldermen has been addressing the evolution of the downtown, and have established a number of community resources in the downtown area including free wireless Internet access, and a low-power radio station.

A new day?

The Orange County Board of Commissioners will place a 1/4 cent sales tax on the ballot this November. Revenues generated from the tax, which is expected to raise $2.3M annually, will be allocated for economic development (42.5%), repairing older school buildings (42.5%), public safety (15%). The tax will not be applied to food or pharmaceuticals.

Of the $977,500 expected to be raised for economic development, the county manager has proposed that 30% ($293,500) go to building infrastructure within the economic development zones and 15% ($146,625) go to a small business loan fund such as the one Carrboro initiated many years ago. I haven't seen anything designating the use for the remaining $439,875 (55%) other than a report in the CH Herald about the need to offer incentives.

When we go to polls in November, we will not be voting just for the new sales tax, but also for this allocation plan. Can you support it? Does this plan signal a new day to you?

Questions that I'm interested in having discussed are is 30% enough to build the needed infrastructure in less than 10 years? How should the other 55% be spent (I am totally opposed to incentives)?

Friends of the Downtown monthly meeting

Friends of the Downtown Meeting
 
Thursday, July 29, 2010
10:00 AM, coffee starting at 9:30 AM
Franklin Hotel, 311 West Franklin Street, Chapel Hill
  
The Friends of the Downtown will be hosting Dan Douglas, Director of Urban Planning and Urban Design for Kling Stubbins, the consulting firm hired by the Town of Chapel Hill and the Downtown Partnership to develop the Downtown Development Framework & Action Plan; a guide for downtown development for the next five to eight years. (http://www.downtownchapelhill.com/onecol.php?s=development&ss=Development+Framework+%26+Action+Plan&det=5) Douglas will present the draft plan for public comments and questions.
 
The Friends of the Downtown August 26th meeting will feature a speaker discussing the future development at University Square; 123 West Franklin (http://www.123westfranklin.com/).
 
Parking is available behind the hotel. For information on public transit options - please click here http://www.townofchapelhill.org/index.aspx?page=1176.  Friends of the Downtown meetings are free and open to the public. 
 
For more information please contact Pat Evans at patevans (at) bellsouth.net.

Date: 

Thursday, July 29, 2010 - 5:30am

Location: 

Franklin Hotel, 311 West Franklin Street, Chapel Hill

Get ready for 140 West

[DEDI]Yes, it's yet another urban development with no name! (Or more accurately: that steals it's name from it's location. See: East 54, The Franklin, McCorkle Place, etc.) It's hardly the most important thing about this development, but it still bugs me to no end. Doesn't anyone else think that we are losing character when we fail to properly NAME our places?

Anyway, I'm glad to see this is finally getting underway.  After years and years of participating in planning meetings that led to the creation and eventual approval of this plan, I will NOT be stopping by this information session tomorrow. And neither will the dozens of Chapel Hillians who will proceed to complain loudly about the project as soon as the first shovel hits the dirt. Sigh.

Here's WCHL's story today for more background: 

 Public Information Officer Catherine Lazorko says the Town of Chapel Hill has organized a public information meeting about the 140 West Franklin development.

 Representatives from the town and the developers will be on hand to answer questions about the project, including an overview of the construction, a timeline, information about good construction practices, and the various phases of the project and the logistics involved.

Construction is slated to begin in August and last about two years.

140 West Franklin is a mixed use development to be built on the town-owned Parking Lot 5 near Franklin, Church and Rosemary streets. The building will stand eight stories tall at its highest point. 

 The preliminary construction proposals called for the closure of one lane of Franklin Street and the complete closure of Church Street, which connects Franklin to Rosemary. Lazorko says this should not concern residents.

The meeting will take place Thursday at University Presbyterian Church from 4:30 to 6:30 p.m. 

- http://www.wchl1360.com/details.html?id=15296 

Date: 

Thursday, July 22, 2010 - 12:30pm

Location: 

University Presbyterian Church

Compact, Connected, Anchored and Green

Draft Downtown Development Framework and Action Plan A few weeks ago I attended a meeting to hear the presentation of a group of consultants that have been working for the Town of Chapel Hill and the Downtown Partnership to create a "Downtown Development Framework and Action Plan." I didn't know much about this plan before showing up at the meeting, but I was pleasantly surprised to see that it includes some pretty radical ideas for downtown Chapel Hill and they do not include trying to emulate Southpoint Mall!

The draft plan can be downloaded as a PDF from the town web site.  Here's my brief analysis...

Ominous news for downtown Carrboro

Part of the latest Weaver Street Market newsletter states that Weaver Street Market has sold their property at the corner of Greensboro and Main Streets to Mark Pantlin of Raleigh. (This was the former location of WCOM and Community Realty.) Apparently they had high hopes for this high-profile property in the center of Carrboro, but finally resigned themselves to just taking the money and avoiding the hassle of a new venture and new development. I keep hearing the word "Walgreens" come up in discussions of this corner, so this makes me nervous.

Mark Pantlin on CorporationWikiA friend and I did a little research to see if we could find out more about this developer. Pantlin lives in Cary, and on a LinkedIn profile he says he is President of Pantlin Development. (But he only has one connection on LinkedIn, and the NC Dept of State says Pantlin Development was dissolved in 2009.) I found him on this neat CorporationWiki network map (at left), which also lists some other companies to which he may be related.  It also looks like he donated to the Republican National Committee in 2001 and to George Bush in 1999.  

Of more concern is the possibility of a national chain not just locating, but developing a lot (or multiple lots, probably) in the heart of Carrboro. Since it would be right across the street from an existing chain drug store, you can't even really argue that it's meeting some community need.

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